ClearTax raises ₹400 crore from Composite Cap, others
ClearTax, a startup that helps individuals and businesses file tax returns online, will use the funding to accelerate growth and expand product offerings
New Delhi: ClearTax, a startup that helps individuals and businesses file tax returns online, has raised $50 million (₹400 crore) in a Series B round led by Composite Capital, the company said on Tuesday. ClearTax, run by Defmacro Software Pvt. Ltd, has previously raised $12 million from SAIF Partners along with $2 million in seed funding from Sequoia Capital India, and Paypal co-founder Peter Thiel’s Founders Fund Angel in 2016.